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Clear Form MULTIPLE OFFER NOTICE TO OFFER ORS COPYRIGHTED BY AND SUGGESTED FOR USE BY THE MEMBERS OF THE NORTHEAST FLORIDA ASSOCIATION OF REALTORS, INC. REALTOR SELLER: PROPERTY ADDRESS: There are
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How to fill out multiple offer addendum

How to Fill Out Multiple Offer Addendum:
01
Obtain a copy of the multiple offer addendum form from your real estate agent or broker.
02
Read through the entire addendum carefully to understand its provisions and requirements.
03
Fill in your personal information, including your name, address, and contact details, at the beginning of the addendum.
04
Identify the property to which the multiple offer addendum applies by providing the address and any other relevant details.
05
If you are submitting multiple offers for the same property, clearly indicate the offer numbers or reference each offer by their specific terms or conditions.
06
Specify the terms of your offer in the appropriate sections of the addendum, such as the purchase price, financing details, and any additional contingencies or special conditions.
07
Attach any supporting documents or additional information that may be required or relevant to your offer, such as a pre-approval letter from your lender.
08
Review the addendum once again to ensure that all sections have been completed accurately and comprehensively.
09
Sign and date the multiple offer addendum to indicate your acceptance and understanding of its contents.
10
Provide a copy of the filled-out addendum to your real estate agent or broker for submission to the seller or their representative.
Who needs Multiple Offer Addendum:
01
Buyers who are competing with other potential buyers for the same property often use multiple offer addendums to enhance their offers and stand out from the rest.
02
Sellers who have received multiple offers on their property may require potential buyers to complete a multiple offer addendum to ensure transparency and fairness in the decision-making process.
03
Real estate agents and brokers involved in transactions with multiple offers may recommend or use multiple offer addendums to facilitate the handling and assessment of competing offers.
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What is multiple offer addendum?
A multiple offer addendum is a form used in real estate transactions when there are multiple offers on a property.
Who is required to file multiple offer addendum?
The seller or their agent is required to file the multiple offer addendum.
How to fill out multiple offer addendum?
To fill out the multiple offer addendum, the seller or their agent must provide information about the multiple offers received on the property.
What is the purpose of multiple offer addendum?
The purpose of the multiple offer addendum is to disclose information about the multiple offers received on a property and to ensure a fair and transparent bidding process.
What information must be reported on multiple offer addendum?
The multiple offer addendum must include details about each offer received, including the offer price, terms, and any special conditions.
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